Governor Gavin Newsom and New York City Mayor Zohran Mamdani have been selling this week the same comforting story: the era of painful deficits is over, thanks to “disciplined” progressive budgeting.
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Houston's budget deficit has grown to $174M. A key culprit: Fire and police overtime spending
Overtime spending at the city's police and fire departments is worsening the budget gap Houston City Council must close this summer, with Controller Chris Hollins' office now projecting a $174 million ...
ALBANY, N.Y. (WRGB) — Albany Mayor Dorcey Applyrs is offering her most detailed explanation yet of what is driving the city’s growing budget shortfall, saying lower-than-expected revenue — not ...
The mayor's budget relies on billions in help from New York state.
From left, Gov. Ned Lamont, Treasurer Erick Russell and Comptroller Sean Scanlon delivering an update on pension obligations in Hartford on Dec. 10, 2025. Credit: mark pazniokas / ct mirror State ...
War costs rise as the deficit deepens. Fiscal gauges flash pandemic‑era stress. No credible deficit plan from Washington yet. The US budget deficit was already on shaky ground before the Iran war, and ...
For the second year in a row, Chicago Public Schools is on track to spend more money than is coming in — a sign of the district’s difficult financial situation. Two financial reports submitted to ...
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